A tariff imposed by the United States on Japanese cars ________ the price of cars in the United States and ________ the quantity of Japanese cars imported into the United States
A) raises; increases
B) raises; decreases
C) lowers; increases
D) lowers; decreases
B
Economics
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If there were no real wealth or interest rate effect, the aggregate demand curve would still be downward sloping
a. True b. False Indicate whether the statement is true or false
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A government is thinking about increasing the sales tax rate. Should it use static or dynamic tax analysis? Explain why one approach is better than the other
What will be an ideal response?
Economics